what is a death cross? it show that the short-term market trend (50 day ma) is much weaker than the long term market trend (200 day ma) and we potentially can have a huge sell off in the market. often it pump the market up in the short term and then market will move thorough the downside. what is a golden cross? it show that the short-term market trend (50 day ma)...
the area we are in is full of resistance , the downtrend lose its momentum and down trend is getting weak and weaker. btc hold its 20 week ema and 20 week ma we form a falling wedge that is a bullish pattern so i bleave we are near a market reversal so keep an eye on falling wedge
dollar breaks its channel toward the upside . historically bitcoin and dollar moving on vice versa. bitcoin is in a very critical condition and us dollar moving upside wont help bitcoin at all
hbar have a long opportunitty we broke the first trend line and we are on the way of breaking secound one we have EMA 50 and EMA 200 in the way if we pass the above we can have long by the entry 0.3473 to the next huge ressisstance at 1943
btc made a falling wedge . falling wedge tend to break from upside but in this volataily market it can be break therogh the downside so be careful and check for clear breakout also we have huge resisstance in the way of btc to break therough the downside
btc 4h triangel gonna be breake in this week it really depends on trend but it seems more to be broken through the downside be careful with the market now market is so volatile wit for a clear breakout
if solana have confirm break out and also "btc break its flag pattern " we can have a long on solana
it seems that it will be break trow the up side but remember that we hade lack of momentom in this Hours
we holde the weekly btc support band and now we can have several week above it and then another leg to upside the move now is so much like the previous move but have in mind that it wont be as huge as that . my prodict is 100k. ;-)
we forming a triangel and we have a strong support area below corrent price if we can hold that area after a clear breakout we can see btc reach to 47k and even more but be carful only when we see a clear break out we can go on a trade we are now on a down trend and the market is so valatal and its not a huge thing if we see another button on 37k
in a macro level 20 week EMA and Fibonacci Retracements 0.236 of bitcoin long term channel hold the bitcoin if we see a weekly candel below them it gonna be so hard to come back soon
if btc broke its flag pattern therow the down side it will go to the strong area of 38-36
if ew look at past and see the percentage of short-time-down-trend we can expect that this time we see the huge support in this week and ofcource it will be a very good place to get a "short term long "
doe made a traiangel and moving toward the downside . it hade a clear breakout
another raising wedge and another potential to be breaked toward downside but we have to be carful case first we are in up trend in 1h and also we are seeing this in 1h ;-> so be careful
we have a raising wedge that can potentially break therow the donside but it really depend on btc to see wich way it will be break
if the downtrend continue we will have a complex HEAD AND SHOULdER. the eath price will be around 2000$
we already lost the "8 week SMA" (8 week ema is blue dot) if we want to go to upper prices in 3 mounth we have to holde the "21 week ema and 20 week ma "